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  • Marcus & Millichap Capital Arranges $36M for NC Apartments

    The company worked with PGIM to secure the financing for Aurora Apartments in Charlotte. Terms for the seven-year loan include an adjustable rate and 30-year amortization.

    21 August 2017 17:07
  • Prescient Launches $194M Student Housing Project

    The 500,000-square-foot, mixed-use student housing community will comprise 413 units and 40,000 square feet of retail, dining and entertainment space. The project is slated for completion in fall 2018.

    03 August 2017 20:07
  • Work Begins on Daytona Beach Shores Condos

    The community, developed by Jim Mack and Greenpointe Communities, will be the area’s first oceanfront condominium in more than a decade.

    18 April 2017 08:05
  • Inland Lands 332-Unit AL Community

    A nonlisted multifamily REIT sponsored by the company purchased The Verandas at Mitylene in Montgomery for $37 million. The asset was formerly managed by Flournoy Properties.

    09 August 2017 16:54
  • Pinnacle to Manage Seattle Luxury Asset

    The 79-unit community is under construction and will soon begin pre-leasing.

    21 March 2017 10:55
  • The September digital issue of MHN is now available!

    The September issue focuses on Property Management, including how to keep your residents' data safe from a cyber-attack, and a look at insurance rates with predictions on how long the market will last. Additionally, we have a column from NMHC detailing why the federal government most act on flood insurance premiums, a particularly important and relevant topic as we see firsthand the damage caused by Hurricane Harvey.

    06 September 2017 08:59
  • Richmond Community Changes Hands

    The 75-unit 2001 East Apartments, which is located close to the Church Hill Historic District, traded for $9.7 million. Rents at the residential property, which also has two commercial suites, equate to an average of $1,177.

    09 June 2017 16:39
  • NJ Community Changes Hands in $73M Deal

    The Addison at Princeton Meadows was built in 1981 and offers studios and one- and two-bedroom units. It was purchased free and clear of existing debt.

    18 July 2017 11:51
  • MJW Property Buys SoCal Asset for $44M

    Berkadia completed the sale of the 230-unit community in Menifee, Calif., at a sub-4.4 percent cap rate. The asset had an occupancy rate of 95.7 percent last month.

    28 April 2017 08:12
  • MG Properties Snags $134M San Diego-Area Community

    HFF marketed the 410-unit property in Vista, Calif., exclusively on behalf of Trammell Crow Residential and its joint venture partner.

    21 June 2017 19:51